NexOptic Technology (CVE:NXO) Trading 50% Higher – Here’s Why

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s stock price shot up 50% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 101,000 shares changed hands during trading, an increase of 2% from the average session volume of 98,773 shares. The stock had previously closed at C$0.02.

NexOptic Technology Stock Performance

The company has a quick ratio of 0.01, a current ratio of 0.07 and a debt-to-equity ratio of 56.33. The firm has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.02. The firm has a market capitalization of C$4.88 million, a PE ratio of -1.25 and a beta of 1.14.

About NexOptic Technology

(Get Free Report)

NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress technological solutions.

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